The main reason for the high price of antiques is that

A) supply is relatively elastic and demand increases over time.
B) supply is relatively inelastic and demand increases over time.
C) demand is relatively elastic and supply increases over time.
D) demand is relatively inelastic and supply increases over time.

Price of Antiques

The monetary value assigned to antique items, which is often influenced by their rarity, condition, historical significance, and market demand.

Supply

Supply refers to the total amount of a specific good or service that is available to consumers, which can vary based on price, production costs, and other factors.

Demand

The volume of a commodity or service that shoppers are ready and financially able to acquire at assorted price points within a set period.